Tuesday, September 10, 2013
China became one of the world's top three investors for the first time last year as its foreign investment soared to a new record, the government said Monday.
Monday, September 9, 2013
China's trade performance was better than expected in August, as stronger exports to recovering overseas economies caused the trade surplus to widen to US$28.5 billion, customs figures showed Sunday.
Companies in China, whose tainted milk powder scandal in 2008 left six dead and more than 300,000 sick, are vaunting tie-ups with French dairies to shore up their image but some fear this could backfire for Paris.
Dusit Fudu Hotels and Resorts, a newly established joint-venture hotel-management company, has signed a contract to manage a new hotel in China, dusitD2 Shaoxing.
Friday, September 6, 2013
China will allow unfettered exchange of its yuan currency in its first free trade zone, a draft plan seen by AFP Thursday showed, in a bold push to reform the world's second largest economy.
Friday, August 30, 2013
The Industrial and Commercial Bank of China (ICBC), the country's biggest lender by assets, said Thursday its net profit rose 12.4 percent year-on-year for the first half of 2013, helped by interest income growth.
Saturday, August 24, 2013
Foreign direct investment (FDI) into China grew 7.09 percent year-on-year in the first seven months of 2013, official data showed Friday, citing optimism towards the domestic economy among foreign investors.
Wednesday, August 21, 2013
A rally in iron ore prices to five-month highs has spurred optimism a stabilizing economy may help top buyer China absorb rising global supply, prompting some analysts and traders to raise their estimates for the second half of the year.
Sunday, August 18, 2013
Shares in Shanghai had a roller coaster ride on Friday after the country's fifth-largest brokerage by market value reported a trading error.
Friday, August 16, 2013
China's powerful price regulator could target the petroleum, telecommunications, banking and auto sectors next in its investigations into violations of the country's antitrust laws, state media quoted a senior official as saying.